Every year, small group health insurance carriers offer a special window for small businesses to start a small group health insurance policy with relaxed underwriting. This period is known as a Special Enrollment Period and starts on November 15th through December 15th. During this period, small businesses can start a small group health insurance policy with no minimum employee participation rate (usually 65-70% employee participation required) and no minimum employer contribution to the health plans (usually $100 or 50%).
This 1-month period is a perfect window for small businesses to offer group benefits without worrying about having enough employees participating or worrying about how much to pay towards employee benefits. Many insurance carriers such as Anthem Blue Cross, Blue Shield of California & Cigna + Oscar will waive the requirement of providing a De9C (quarterly payroll) if at least 3 employees are enrolling/participating in the group benefits. Kaiser, SHOP Covered CA & CaliforniaChoice also offer a very flexible underwriting to encourage more small businesses to offer their employees benefits.
If your business is considering offering employees group benefits, now is the perfect time to review your options.
At Solid Health Insurance Services, we are happy to walk you through the wide variety of plan options to offer your employees. We are offering you a complimentary online onboarding of your employees and online benefits processing for health, dental, vision, life, and disability. Please contact us at 310-909-6135 or email us at info@solidhealthinsurance.com to learn more. We are more than happy to guide you and your business to find the right plan benefits that fit both the medical needs of your staff while also meeting your bottom line.